If you’re looking for a great way to protect your business from employee threats, then look into purchasing a Pearland TX fidelity bond insurance policy today! Texas Insurance Agency is a broker who can easily match you up with the right policy today!
We are a business that has been around for over twenty years. As a result, we have the knowledge necessary to help match you with an insurance policy that meets your needs. More than this, we are able to help you find a policy that is both comprehensive and affordable.
If you’re looking for a way to protect your customer’s information, then look into getting a comprehensive Pearland TX fidelity bond insurance policy today!
As regular human beings ourselves who need insurance, we are always on the lookout for affordable policies that will provide us with what we’re looking for. So, why wouldn’t we provide the same thing for you? At Texas Insurance, all you can ever worry about receiving is the best possible insurance policies around. There are no gimmicks or strings attached to us, only affordable policies that you can be happy with.
If you would like to learn more about how Pearland TX fidelity bond insurance can help protect your business and your customers, give our team a call today. Or keep reading to learn more about what fidelity bond insurance can do for your business!
What is Pearland TX fidelity bond insurance?
Fidelity bond insurance is actually a common form of insurance for most businesses. At the core, it is designed to protect your business, and your customers, against any fraudulent acts that are performed by your employees. As one of the oldest types of insurance, it is required that some businesses have this policy in place before you open your doors.
More specifically, fidelity bond insurance is made to target specific cases of malicious acts, not including general mistakes or oversights by your employees or the business. The insurance made to target these kinds of acts is errors and omissions policies. While the distinction can be hard to figure out, your agent will be able to help you make a clear distinction between the two.
With fidelity bond insurance on hand, you will be able to protect your business from acts of fraud. This type of bond exists to protect your business’s information and your customers. In the event that fraud occurs, the policy will come in to help you reimburse your employees. More than this, with the policy, you are allowed to file a case against the employee who committed the fraudulent act.
What types of fraud will my policy cover?
Protect your information today with Texas Insurance Agency!
Monetary theft is the most common type of fraud that this policy covers. More than this, it protects all of your companies assets. Additionally, you will remain protected from acts of embezzlement that lead to a loss of valuable assets or insured property.
- Embezzlement: Your policy will cover you from acts of embezzlement like an employee stealing money from your business. So if this were to happen, the fidelity bond would help cover the cost of the money that was embezzled from your company.
- General Customer Theft: Another thing that your fidelity bond will cover is employee theft of items belonging to your business that the employee has no direct access to. So if Sarah comes in and steals your company printer, the bond will able to help reimburse you for the purchase.
- Identity Theft: Finally, your policy will cover identity theft. If your employee has access to or hacks co-workers or client information, they can steal it and use it for malicious reasons. No matter who the employee steals from, the policy will help you cover the cost of losses.
While the word bond is in the policy, it is not the same as a bond. You can not trade this policy in for monetary purposes. Fidelity bond insurance acts quite similar to liability insurance but instead covers acts of fraudulence from employees.
Does my business need fidelity bond insurance?
Truly, unless you live in a state that specifically requires a policy on hand, your business legally does not need one. However, that doesn’t mean you should avoid the policy altogether. Accidents and events can come from nowhere, and as the old saying goes, it is better to be safe than sorry.
Fidelity bond insurance may be useful to you for the following reasons:
- You are a company that is required to purchase the insurance in order to open up your business or obtain a license
- Your business operates with employees who directly have access to financials and transactions
- The business stores and collects pertinent personal employee and customer information that is subject to cyber attacks
- Your business operates within the financial sector
As you can see, fidelity bond insurance is important for you to have. You’ll want to keep your business as protected as possible from any possible vents that can occur. As a result, it is best that you have the right Pearland TX fidelity bond insurance policy on hand to protect yourself at all times.
How much will my plan cost?
You don’t have to worry about breaking the bank with our team at your side!
As with any insurance policy, the cost of your plan will differ depending on many things. Some things to consider when wondering about the price are the coverage you want, the type of business you own. Are you high-risk or low-risk, and the state/area you live in?
These are the main contributing factors to insurance policy prices. However, when you meet with us, we will discuss all of these things with you. We’ll be able to provide you with a quote for costs once you find a policy that matches your needs.
Contact Texas Insurance!
Overall, Texas Insurance Agency wants to help match you with the right policy for your needs. You won’t find anyone that cares about you the way we do. Give our team a call today at 281-398-1010. From there, we’ll be able to match you up with an agency and a policy that meets your exact needs.
Don’t wait until it’s too late to protect your business and your customers! Choose a comprehensive Pearland TX fidelity bond insurance policy today!
Pearland TX Fun Facts:
- It is the second-fastest-growing city in Texas
- There are two airports in Pearland
- Downtown Houston is only a short drive away from Pearland
- For more fun facts about Pearland Tx, visit our official website.
